"World Bank approves 280 mln euro loan to Turkey on electricity
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The World Bank approved a 280 million euro (about 358 million U.S. dollars) loan to Turkey on Tuesday to help rehabilitate the country's electricity generation industry, Turkey's semi-official Anatolia news agency reported on Wednesday.
The World Bank loan, granted to Turkey's Elektrik Uretim AS ( EUAS) for the Electricity Generation Rehabilitation and Restructuring Project, has a 15-year maturity, including a 5-year grace period, said the report."
More:People's Daily Online -- World Bank approves 280 mln euro loan to Turkey on electricity
